Pokhara Finance earned Rs 100 million more profit

Apr Wed 2021 06:58:13

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Pokhara Finance earned Rs 100 million more  profit

Kathmandu. For the first nine months of the current Fiscal Year, Pokhara Finance has disbursed Rs. It has made a net profit of Rs. 108.44 million. The company had posted a net profit of Rs. 87.885 million.

The company's net profit has increased by 22.84 percent this year as compared to last year. The company's distributable profit till this period was Rs. 98.3 million. This profit was Rs. 251.28 million. Operating profit increased by 22.84 percent to Rs. 15.48 million 62 thousand.

Non-performing loans have risen to 1.48 percent this year. The company's non-performing loans stood at 0.9 percent during the same period last year. The company's credit flow has declined by a small percentage this year.

Last year, Rs. 5 billion 999.86 million 45 thousand loans were disbursed by the company this year. 5 billion 979.27 million has been disbursed. Deposit collection was 20 percent higher than last year at Rs. 9 billion 19 million 82 thousand. The company's earnings per share stood at Rs. 15.01 and a net worth of Rs. It is 139.49.